Treasury Associate (Cash Management and Bank Signatories)

About the role

The Treasury Division of the Bureau for Management Services' Office of Financial Resources Management (BMS/OFRM) supports UNDP's financial integrity, overseeing cash, currency and banking risks across more than 130 countries and 100 currencies. The Treasury Associate works under the direct supervision of the Treasury Specialist in the day-to-day cash management areas, reporting to the Treasury Officer and working with the Investment Specialist. The position is open to internal and external applicants who are nationals of EU Member States, Iceland, Liechtenstein, Norway or Switzerland.

Key responsibilities

• Support Country Offices in maintaining adequate local and hard currency balances by helping develop and refine cash-flow forecasting models, advising on optimal currency positioning and reviewing replenishment requests for accuracy and compliance.
• Analyze Country Office short- and medium-term cash-flow needs and process electronic transfers in FIS/Integrity in line with settlement timelines and funding windows.
• Build monitoring dashboards and reports to spot anomalies, unusual fund movements and control gaps, and escalate material risks.
• Review bank signatory updates for Country Offices, run compliance and control reports against UNDP Financial Regulations & Rules and segregation-of-duties requirements, and process signatory updates for Zero Balance Accounts.
• Manage ZBA payment inquiries, triage ServiceNow (UNall) inquiries and resolve payment recall requests and returned payments by analysing SWIFT return codes and sanction screening outcomes.
• Collect, validate and upload local exchange rates for the UN Operational Exchange Rate (UNORE) in the ERP, and monitor the UNORE calendar.